Reply #53: "Yes, we’re going to break up giant media enterprises"

[Rose Siding]

*emphasis is mine

(CROSSTALK)
MATTHEWS: Are you going to break up the giant media enterprises in this country?
DEAN: Yes, we’re going to break up giant media enterprises. That doesn’t mean we’re going to break up all of GE.
What we’re going to do is say that media enterprises can’t be as big as they are today. I don’t think we actually have to break them up, which Teddy Roosevelt had to do with the leftovers from the McKinley administration.
(CROSSTALK)
MATTHEWS: ... regulate them.
DEAN: You have got to say that there has to be a limit as to how-if the state has an interest, which it does, in preserving democracy, then there has to be a limitation on how deeply the media companies can penetrate every single community. To the extent of even having two or three or four outlets in a single community, that kind of information control is not compatible with democracy.
MATTHEWS: How-how far would you go in terms of public policy?
(APPLAUSE)
MATTHEWS: This is not-what you describe is not laissez-faire.
It’s not capitalism.
DEAN: It is capitalism.
MATTHEWS: How would you-what would you call it?
DEAN: I am absolutely a capitalist. Capitalism is the greatest system that people have ever invented, because it takes advantage of bad traits, as well as our good traits, and turns them into productivity.
But the essence of capitalism, which the right-wing never understands
” it always baffles me-is, you got to have some rules. Imagine a hockey game with no rules.

(LAUGHTER)
MATTHEWS: Would you-would you
(CROSSTALK)
DEAN: Nobody benefits. Nobody benefits. So you have got to have reasonable rules. And the rules have to protect everybody in the game.

http://www.msnbc.com/news/1000254.asp

Sounds like new regs to me.